About your Search

20121112
20121120
Search Results 0 to 2 of about 3
you think it's lowe's or home depot? we'll do that in "talking numbers," tanner and steve cortez. thank you for joining us. from a technical perspective, what do you think, lowe's or home depot? >> i prefer lowe's. if we look at a 20-year chart starting with home depot you can see the set-up is quite reminiscent of 1995 to 1999. the last four years resembles that period. 1995 to 1998 you saw home depot have a gradual healthy upbeat. from '99 we saw a steep assent, that was an unhealthy move. similarly from 2008 to 2011 we saw a healthy gradual uptrend. the stock has more than doubled. if we look at lowe's, on the other hand, you can see that actually it's a similar type of set-up but a much more healthy trend. from '95 to '99 a gradual three-year rally and then a steeper assent but still not too excessive this time around similarly. >> steve, you like home depot. i got to admit, that charge made it look like a parabolic curve there. >> i do prefer home depot. i would say i disagree with you for a couple of reasons. comparing the present period to the late '90s is a false analogy.
on the fed. over to steve liesman. >> maria, thanks. fed vice chair janet yellen saying that the federal reserve shows optimal policy could dictate lower rates through 2016. also saying the fed could eliminate calendar date guidance entirely and replace it with economic targets. that's been discussed among others. charlie evans says she's strongly supportive of using these economic targets and they would promote automatic stabilizers, allowing the market to adjust automatically to incoming data. it would also help the public understand fed policy. also says the fed is considering forecasting optimal policy pass by individual members. so by the way, janet yellen chairs the subcommittee on communications. these are important words from an important person. on the fed and inflation, she's remiebdsing us a 2% inflation target is the central tendency, not the ceiling. if the 2% is a ceiling, what would happen is all the deviations would be below 2%. she's reiterating what the fed has said. it's symmetrical. so maria, at the end of the day, these are important comments from janet yellen, who's
. there are befoargains being created. >> but you're not ready to buy yet? >> not yet. >> i want to get to you, steve liesman. >> i thought you were going to ask me the rest of the 12 steps. >> you know, the republicans, we're hoping for a compromise, but the republicans have been digging in their heels because they've been saying higher tax rates would be job killers. who what extent would they be job killers? >> well, i'd say there's a huge debate over that. i know there are people who believe religiously that any tax increases will reduce job growth. i think that in the first order, whatever your religious feelings on that, uncertainty is almost certainly a job killer before somewhat higher taxes are. i think huge tax increases obviously would reduce job growth. if you think about what's happened to our tax code, a lot of it has become on a year to year basis. i have no idea how businesses can plan. with the fiscal cliff, without a solution, it takes nearly the entire tax code and puts it on a year to year basis. i would be very weary right now of listening to these hopeful terms that come out. th
Search Results 0 to 2 of about 3